Sam Bankman-Fried Found Guilty in Crypto Trial

Sam Bankman-Fried is guilty on all seven federal charges in his criminal trial for defrauding customers of his crypto exchange out of billions of dollars with his crypto empire, jurors decided on Thursday night in a Southern District of New York court, Reuters reports. Jurors reached a verdict at 7:40 p.m., according to CoinDesk, that … Read more

SBF Finally Testifies in Court With No Jurors Present

FTX founder Sam Bankman-Fried testified in his fraud trial Thursday with no jury present. In his testimony, he acknowledged that Alameda was being used as a payment processor for FTX, but did not recall conversations around the $13 billion hole in his crypto empire, according to Bloomberg. The Biggest Crypto Heists of 2022…So Far Bankman-Fried … Read more